Bagalur, Karnataka, India
Information Technology
Full-Time
Acuity Knowledge Partners

Overview
Job Purpose
The role involves acting as the primary liaison for external data vendors, managing data and digital innovation contract renewals, and facilitating future expansions. Responsibilities include overseeing strategic data vendor relationships, negotiating contracts, and ensuring compliance with contractual terms. Additionally, the role requires expanding data sourcing services, onboarding new business unit managed data contracts, and supporting digital innovation initiatives. Regular monitoring of service usage, optimizing data programs, and providing compliance oversight are also essential. Commercial management duties include cost control, identifying savings opportunities, and consolidating products
Desired Skills and experience
- Master's in science/quantitative/engineering/computing or business administration or equivalent work experience
- 5+ years of experience in a data management role, in Investment Asset Management industry will be an advantage
- Notably strong commercial negotiation skills and a good knowledge of compliance ideally from a market data background
- Possess a strategic focus with the ability to analyze, understand of the data & investment business, formulate, and implement data sourcing strategies
- Results orientated with an attention to detail and accuracy
- Excellent written and verbal communication skills
- Driven, self-starter, adaptable, organized, with experience and ability to multi-task well in a fast-paced and demanding environment
- Have good interpersonal skills and be able to work well as part of different teams and deal with multiple stakeholders
- Results orientated with an attention to detail and accuracy
Key Responsibilities
- Be the key liaison for the external information vendors; supports existing data and digital innovation contract renewals, and future expansion and new demands.
- Total Relationship management with our strategic data vendors; Be responsible for managing these relationships including contract negotiations for new subscriptions, renewal or termination.
- Expand Data Sourcing Services to the wider Investment Group biz units. Onboarding BU managed data contracts and provide data sourcing support. Work with users to identify future needs, and gaps or duplication in information services.
- Managed > 100 data vendor contracts renewals (including newly onboarded contracts). Ensure ongoing compliance with contractual terms, including usage restrictions, data distribution rights, and renewal schedules.
- Retrospective contract governance and due diligence for the expanded coverage; new Alternate Data process extending to “tradition” market data providers/contracts.
- Extend contractual support beyond data subscriptions to new Digital Innovation & Business Integration initiatives [e.g. SaaS software, solution service contracts].
- Collaboration with Investment Group Office on Expert Network optimization, vendor landscapes and renewals.
- Regularly monitor usage of these services to optimize their use across the firm. Drive and support data optimization programs (e.g. Bloomberg DataFeed etc).
- The function will simultaneously need to provide suitable compliance oversight to ensure adherence to vendor terms and conditions. This will require significant interaction with internal groups to educate and manage operating behaviours.
- Commercial Management will require undertaking demand challenges with vendors as well as internal business groups to ensure effective cost-control, identification of saving opportunities and the consolidation/rationalisation of products.
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